3901 4880 Lougheed Hwy, Burnaby, BC, MLS^® R3074716

Welcome to 3901 4880 Lougheed Highway, a beautiful property nestled in the heart of Burnaby, BC. MLS listing R3074716 not only offers an exceptional living experience, but it's also an excellent opportunity to be part of a thriving community.

As we walk through the neighborhood, you'll notice that families love this area because of its excellent schools. Brentwood Park Elementary School, located just 0.73 km from the property, boasts a rating of 7.5/10. This highly-rated school is a significant advantage for families with young children, providing a solid foundation for their educational journey.

Just down the road, you'll find Alpha Secondary School, with a rating of No Rating. Although it may not have a traditional rating, this school is an excellent option for students looking for a unique learning experience. Additionally, the closest Elementary independent school, Holy Cross Elementary School, is just 0.66 km away, with a stellar rating of 10/10. This school's commitment to academic excellence and strong community values makes it an attractive choice for families.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has a Below Average crime rate, with 6,145.56 incidents per 100,000 population. This low crime rate provides peace of mind for residents, allowing them to focus on building a happy and fulfilling life. Furthermore, the drug crime rate is also Below Average, with 126.78 incidents per 100,000 population. This indicates a low incidence of illicit activities in the area.

Property crimes are Average in this neighborhood, with 3,691.76 incidents per 100,000 population. However, it's essential to note that the violent crime rate is Low, with 893.28 incidents per 100,000 population. This is a testament to the community's strong sense of safety and security.

As we explore the neighborhood, you'll notice the convenience of public transportation. The closest Bus station, Eastbound Lougheed Hwy @ Douglas Rd, is just 0.18 km away from the property. This makes it easy for residents to commute to work, school, or run errands without worrying about transportation.

Now, let's dive into the demographics of this neighborhood. According to the latest census data, 39.8% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. This indicates a highly educated community that values learning and personal growth. On the other hand, 7% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income is $67,212, which is Average compared to the British Columbia average. However, the median personal income is $38,912, which is Above Average compared to the BC average. Furthermore, 74.9% of households have a mortgage, which is High compared to other neighborhoods.

As we look at the community's growth, we see that the population change between 2011 and 2016 was 17.3%, which is High compared to the average growth rate of this region. This indicates a thriving community that's constantly evolving and improving.

In terms of family dynamics, the average size of families in this neighborhood is 2.6, which is Low compared to the whole region. However, 51.6% of families have children, which is Below Average. The percentage of married or living common law individuals is 55.3%, which is also Below Average.

As we explore the community's lifestyle, we see that the average age of the population is 36.4, which is Low compared to other BC cities. This indicates a youthful and vibrant community that's full of energy and enthusiasm.

Now, let's talk about the real estate context. The average value of dwellings in this neighborhood is $425,860, which is Above Average compared to other areas in British Columbia. Furthermore, the average owner payments are Above Average, with owners spending $1,426 per month on their dwellings. Tenants, on the other hand, pay $1,280 per month, which is also Above Average compared to other cities.

In terms of housing, 41.2% of the population are renters, which is Above Average compared to other BC cities and areas. This indicates a diverse community that values flexibility and affordability.

As we conclude our tour of 3901 4880 Lougheed Highway, Burnaby, BC, MLS listing R3074716, we hope you've gained a deeper understanding of this exceptional property and its surrounding community. From its excellent schools to its low crime rate, this neighborhood offers a unique blend of safety, convenience, and lifestyle amenities that make it an attractive choice for families and individuals alike.